2 bedrooms
1 bathroom
1 half bath
Lot dimensions 61.65x15.24 m (202.26x50.00 ft)

Owners’ comments

Automated translation

Renovated income property close to schools with large 2 independent duplex plot

separated by a large parking lot.

Total area of the lot: 937.7 m2, an exceptional size for income building

The front duplex measures8.28 X 9.78, the back one measures 7.18 X 7.72. Each duplex comprises 2 apartments of 2 bedrooms, independent kitchen, bathroom and living room. Entry washer dryer in each apartment.

2 Parking at the front and 3 at the rear between the two buildings plus a large lawn yard at the rear extended by a Hydro-Québec right-of-way without pylons, all fenced and without adjacent buildings.

Close to schools, CPE, parks and playgrounds.

Many major renovations since 2010, including roofing, basement structure reinforcement, flooring, electricity, plumbing, roofing, kitchens, bathrooms and insulation. Several recent windows.

Ideal for owner occupying as a first investment, possibility of expansion.

Exterior painting of buildings in 2016.

Stable and reliable tenants, gross income of $28,000

Municipal taxes: $6413, school: $921

The 8 bedrooms, 4 living rooms and 4 kitchens are of good size.

Complete Description
Complete Description

Property features

Asking Price
$375,000
Style
Detached
Details
With income
Year of construction
1955
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-East
Number of parkings
7
Municipal evaluation's date
2016
Lot's municipal evaluation
$81,600
Building's municipal evaluation
$270,300
Taxes year
2017
Mortgage balance
$160,000
2 Bedroom
4
Bedrooms (total)
2

External facing:

  • Fibre cement

Foundation:

  • Cast concrete
  • Rock

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Ceramic
  • Parquet
  • Engineered Wood

Windows:

  • Wood
  • French Window
  • PVC

Electric system:

  • 200 amps
  • Breakers panel

Bathroom:

  • Bath and shower

Basement:

  • Concrete
  • Unfinished
  • Crawl space

Upgrades:

  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • French doors
  • Bathrooms
  • Painting
  • Terrace
  • Landscaping

Parking / Driveway:

  • Aggregate
  • Asphalt
  • Outside

Location:

  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Mature trees
  • Fenced
  • Patio/deck
  • Landscaped

Near Health Services:

  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$74.15
$889.81
Municipal taxes
$524.30
$6,291.64
Water taxes
$74.00
$888.00
Maintenance fees
$80.00
$960.00
Insurance
$118.54
$1,422.45

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,485.00
$29,820.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

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Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$375,000

Quadruplex for sale

No. 743985

With income
Contact the owner
Contact the owner